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Barchart
Barchart
Rich Asplund

Arabica Coffee Gives Up Early Gains as the Dollar Rallies

March arabica coffee (KCH26) on Wednesday closed down -1.45 (-0.41%).  March ICE robusta coffee (RMH26) closed up +4 (+0.10%).

Coffee prices on Wednesday gave up an early advance and settled mixed, with robusta posting a 2.5-week high.  Coffee prices fell back from their best levels on Wednesday, with arabica falling into negative territory after the dollar index (DXY00) rose to a 1-week high.  

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